CapEx News

Shyam Metalics commences operations of the 'state-of-the-art' Coke Oven Plant at Jamuria, West Bengal

Manufacturing Oct 17,2024

Shyam Metalics has commenced operations at its new eco-friendly coke oven plant in Jamuria, West Bengal. Featuring two batteries with 35 ovens each, the plant uses imported coal to produce high-qualit

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Shyam Metalics commences trial run of cold rolling mill in West Bengal

Metallurgical Industries Sep 18,2024

Shyam Metalics and Energy (SMEL) is expanding its production capabilities with a new greenfield cold rolling mill in Jamuria, West Bengal, which has commenced trial runs. The facility, with an annual

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Shyam Metalics expands rail infrastructure at its steel plant in Odisha

Infrastructure May 29,2024

Shyam Metalics and Energy (SMEL) completes rail infrastructure expansion at its Odisha plant, doubling lines to four. Enhanced facilities aim for efficient material flow. Yet, current capacity meets o

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Shyam Metallics plans Rs 810 crore investment

Metallurgical Industries May 15,2024

Shyam Metalics and Energy Ltd's Board of Directors approved a CAPEX of Rs. 810 crore for manufacturing Flat Rolled Aluminium Products, Aluminium Foils, Stainless Steel Bright Bars, and SS Wire Ro

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Shyam Metalics announces expansion into stainless steel products

Metallurgical Industries Apr 10,2024

Shyam Metalics and Energy will invest Rs 650-750 crore in its stainless steel business, focusing on a new stainless steel hot rolled coils (HRC) facility in Sambalpur, Odisha. The plant, targeting 0.3

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Shyam Metalics to invest Rs 450 crore

Manufacturing Mar 25,2024

Shyam Metalics & Energy plans a Rs 450 crore investment for an aluminium flat-rolled products expansion in Odisha, aiming for self-reliance and bridging demand-supply gaps. The project targets 60,000

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Shyam Metalics to venture into lithium ion battery-grade aluminum production

Power Generation Sep 27,2023

Shyam Metalics and Energy Limited has entered the production of battery-grade aluminum foil, crucial for lithium-ion cells, in response to increasing demand from Indian businesses involved in advanced

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Shyam Metalics to foray into energy storage business

Metallurgical Industries Sep 26,2023

Shyam Metalics and Energy has entered the energy storage sector with battery-grade aluminum foil, aligning with India's AatmaNirbhar Bharat energy storage initiative. The company, known for produ

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